UPDATE 2-Boeing to raise 787 jet output, upbeat on 777

(Reuters) - Boeing Co (BA.N) will raise production of 787 Dreamliner jets to 14 a month in 2019, Chief Executive Dennis Muilenberg said on Wednesday, reviving plans previously on hold due to a wobble in demand for wide-body jets.

Boeing shares rose as much as 1.20 percent.

The increase in output from 12 a month comes as Boeing also voiced confidence that production rates for its older 777 have stopped falling and signals its faith in rebounding wide-body demand.

Based on existing backlog, were confirming now that we are going to build 14-a-month production rate in 2019, Muilenberg told a Morgan Stanley conference.

We expect to add 100 airplanes to the 787 (accounting) block. That will factor in to the financials and is accretive to our margins.

FRANKFURT - Lufthansas budget airlines Eurowings and Germanwings have reached an agreement in principle on wages and retirement benefits with German cabin crew union UFO, Eurowings said on Sunday.
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